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    1217 Mellen St Centralia, WA 98531-1175
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    Property profile & analytics

    1217 Mellen St, Centralia, WA 98531-1175

    View on Map

    • Banks
    • 3,600 SF
    • 0.14 lot acres
    Off-Market
    Last Sale Aug 21, 2023
    $625,000
    Property ID
    US90-0622139
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $550,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Banks

    Property Details for 1217 Mellen St

    Year built
    1980
    Construction
    WOOD
    Lot size
    0.14 lot acres
    Property size
    3,600 SF
    Property type
    Banks
    APN
    2398000000
    APU
    2398000000

    Description

    This prime commercial building at 1217 Mellen Street in Centralia, WA, presents a fantastic investment opportunity. Situated on a 0.28-acre lot, the property boasts excellent visibility due to its location in a high-traffic area, making it ideal for attracting a substantial customer base. The building has undergone significant remodeling, including a fresh exterior paint job, enhancing its curb appeal and market value. The interior offers flexible unit options, allowing for customization to suit a variety of business needs. Whether you envision a retail space, office environment, or a mixed-use configuration, this property provides the adaptability to meet your specific requirements. The building's versatile layout and prominent location make it an exceptional choice for entrepreneurs seeking to establish a strong presence in a thriving community. The asking price is $749,900. This is a rare opportunity to acquire a well-maintained, highly visible commercial property in a desirable location. The adaptable space and prime location offer significant potential for long-term growth and profitability. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers. The square footage will need to be verified independently.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $410,000
      ML approach
      $545,000
    • Alternative Use

      Use
      Estimation
      FINANCIAL BUILDING
      $415,000
      Current use
      AUTO REPAIR, GARAGE
      $445,000
      Change: +7% Conversion: Difficult
      OFFICE BUILDING
      $435,000
      Change: +4% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $345,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Centralia
    County
    Lewis
    State
    Washington
    Longitude
    -122.972
    Latitude
    46.7118
    CBSA code
    16500
    CBSA name
    CENTRALIA, WA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,375
    $84,000
    $327,600
    $411,600
    -
    $84,000
    $327,600
    $411,600
    More about this property
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